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22210860
22210861

823 East Jefferson, South Bend, IN 46617

AF
IN RB14043685
NAI Global
SC
RB19001226, 6501438372
NAI Cressy - Mishawaka
LT
IN RB22001563
NAI Global
Listed by NAI Global, NAI Cressy - Mishawaka
$3,000,000
450 days on market
Updated 52 days ago
Opportunity zone

823 East Jefferson

Details
Property Type Retail
Sub Type Bank
Square Footage 6,572
Year Built 1974
Year Renovated 2019
Acreage 3.150
Zoning Neighborhood Center

Retail | 6,572 SqFt

Marketing description

This 3.15-acre property, formerly the site of Everwise Credit Union, is located at the corner of Notre Dame Avenue and Jefferson Boulevard in South Bend. Zoned for Neighborhood Center and Urban 2 redevelopment, the site offers significant potential for various uses. The property is divisible and currently features a 6,572-square-foot Everwise Credit Union bank building. Positioned within a TIF district, an Opportunity Zone, and the Riverfront Development District Expansion, it provides an attractive investment opportunity, including eligibility for a three-way liquor license available to qualified establishments for a nominal amount.

Situated at the vibrant intersection of Notre Dame Avenue and East Jefferson Boulevard, this 3.15-acre city block offers an unparalleled opportunity for mixed-use development in downtown South Bend. With flexible Neighborhood Center (NC) and Urban Neighborhood 2 (U2) zoning, developers can create a dynamic urban destination integrating residential, retail, office, hospitality, and entertainment.

The property is situated just east of downtown South Bend, approximately 0.9 miles south of the University of Notre Dame. It features well-maintained landscaping with lush green spaces, mature trees, shrubs, and decorative plantings, creating an inviting atmosphere. Parking is conveniently located at the rear of the building, providing ample space for both employees and clients.

St. Joseph County, branded the South Bend Region, is located in North Central Indiana with a population of 272,912, the fifth largest county in the state. The city of South Bend, population 103,453, is the economic and cultural hub of a multi-county, bi-state greater region, population 924,820, with a labor force of 505,574. South Bend also ranks as the fourth largest city in Indiana and is home to the iconic University of Notre Dame. Neighboring Mishawaka has one of the largest concentrations of retail stores in the state, and the entire region boasts affordable housing, over a dozen institutions of higher learning, easy transportation access and convenient commute times that average 21.3 minutes. Target industries include Advanced Manufacturing, Healthcare, IT and Transportation & Logistics.

Investment highlights

  • https://www.youtube.com/watch?v=rUspuA5VA74

Listing Contacts

AF
IN RB14043685
NAI Global
SC
RB19001226, 6501438372
NAI Cressy - Mishawaka
LT
IN RB22001563
NAI Global
Listed by NAI Global, NAI Cressy - Mishawaka

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Additional Information

Name
Andrew Follman
License
RB14043685
Brokerage
NAI Meridian
Brokerage Phone
3175665614
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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